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    7835 S Morgan Street

    Chicago, IL 60620
    • $200,000
    • STATUS: Closed
    • ON SITE: 157 days
    • MLS #: 10724733
    Sold - 10/21/2020
    $200,000
    SOLD - 10/21/2020
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    Description

    Motivated Seller! This over-sized brick 2 unit in Auburn Gresham is one of the largest 2-flats in the entire neighborhood from a square footage perspective! This jumbo 2-flat is 3,272 square feet and includes a sizable unfinished basement! Each unit features 3 bedrooms,1 bathroom, living room and dining room! Auburn Gresham is a rapidly appreciating Chicago-land neighborhood with tons of investment activity! Huge equity upside here! Rehabbed sold comparable brick 2-unit properties within a square mile sold for an average of $322,000 within the past 6 months! This building provides so many options for a new buyer - fix and rent or renovate and flip! After renovated each 3-bedroom unit can rent for up to $1,400 per month! Looking for more cash flow!? - add an additional bedroom to each unit and duplex the first-floor unit with the basement! 1 car brick garage! Located on a great block! Great for a 203k buyer! Live in one unit and let your tenant pay most of your mortgage payment! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!

    Sold by Keller Williams Preferred Realty.

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-31T13:51:15.153 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    7835 S Morgan Street Chicago, IL 60620

    • Price: $215,000
    • Status: Closed
    • Updated: 42 min ago
    • MLS #: 10724733
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1909
    Built
    Neighborhood:
    Chi - Auburn Gresham
    County:
    Cook
    Area:
    Chi - Auburn Gresham
    Property Description
    Motivated Seller! This over-sized brick 2 unit in Auburn Gresham is one of the largest 2-flats in the entire neighborhood from a square footage perspective! This jumbo 2-flat is 3,272 square feet and includes a sizable unfinished basement! Each unit features 3 bedrooms,1 bathroom, living room and dining room! Auburn Gresham is a rapidly appreciating Chicago-land neighborhood with tons of investment activity! Huge equity upside here! Rehabbed sold comparable brick 2-unit properties within a square mile sold for an average of $322,000 within the past 6 months! This building provides so many options for a new buyer - fix and rent or renovate and flip! After renovated each 3-bedroom unit can rent for up to $1,400 per month! Looking for more cash flow!? - add an additional bedroom to each unit and duplex the first-floor unit with the basement! 1 car brick garage! Located on a great block! Great for a 203k buyer! Live in one unit and let your tenant pay most of your mortgage payment! Bring your renovation ideas! Take a tour! Make an offer! Won't last long!
    Exterior Features

    Cars 1 Exterior Building Type Brick Exterior Property Features Porch Floor Unit1 1 Floor Unit2 2 Foundation Concrete Garage On Site Yes Garage Ownership Owned Garage Spaces 1 Garage Type Detached Lot Dimensions 125 X 25 Lot Size Standard Chicago Lot Parking Garage Type Multi 2 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 None Appliances Features Unit2 None Basement Full Basement Description Unfinished Bedrooms Above Grade 6 Bedrooms Below Grade 0 Bedrooms Unit1 3 Bedrooms Unit2 3 Full Baths In Building 2 Full Baths Unit1 1 Full Baths Unit2 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Fuel Gas Rooms 14 Rooms Unit1 7 Rooms Unit2 7

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Built Before1978 YN Yes Corporate Limits Chicago Elementary Sch Dist 299 Finance Code Fha 203K General Information None High Sch Dist 299 Holds Earnest Money No Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 N/A Lease Exp Date Mo Yr Unit2 N/A New Construction No Ownership Fee Simple Possession ClosingImmediate Recent Rehab YN No Rent Unit1 Vac Rent Unit2 Vac Sale Terms ConventionalFhaVa Sec Deposit Unit1 N/A Sec Deposit Unit2 N/A Sewer Sewer-Storm Short Sale Not Applicable Special Assessments No Special Service Area N Tax Exemptions Homeowner Tax Year 2018 Taxes 2456.87 Tenant Pays Unit1 ElectricGas Tenant Pays Unit2 ElectricGas Total Units In Building 2 Township Lake Water Lake Michigan Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Straight-A Realty, Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2020-10-31T13:51:15.153 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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